Tag: Philippines
Backers Say Go “More Digital” but Funding is the Real Challenge, Study Says
A new study by the British Council suggests that over 160,000 social enterprises in the Philippines suffer growth due to lack of good funding and capital. The study notes that in Southeast Asia, the Philippines included, the youth bulge potentially can bring demographic dividends but can also spell disaster if the young cannot find economic opportunities.
First Circle Raises $1.3M for Philippine SME Markets
Philippine-based fintech startup First Circle raised $1.3 million to continue improving access to capital for SME's in the ASEAN region. The startup operates in a country where financing remains a major hurdle for so many businesses that less than 20 percent have access to all bank loans.
Filipina returns to Philippines, starts a social enterprise
After living the "American dream" in the US for over two decades, pedigreed Marie Cavosora returned to the Philippines to live the "Filipino dream" through CalaBoo Creamery, a social enterprise that supports local dairy farmers and creates dairy products from grass-fed carabaos through social...
Philippine Startup Building a Digital Payments and Credit Infrastructure
The startup plans to leverage network effects to "build out the largest digital payment network in the Philippines,” according to its founder Mikko Perez.
